Palo Alto Networks, Inc. posted earnings that surpassed analysts’ expectations. The cybersecurity company also boosted its guidance for the year.
The company’s fiscal third-quarter non-GAAP earnings came in $1.39 per share, compared to the $1.29 a share expected by analysts polled by FactSet. Earnings were $1.17 a share in the year-ago quarter.
Revenue of $1.1 billion was in line with analysts’ expectations. The company generated revenue of $869.4 million in the year-ago quarter.
Palo Alto Networks is expecting fiscal fourth-quarter revenue in the range of $1.165 billion to $1.175 billion and diluted non-GAAP net income per share of $1.42 to $1.44. Analysts had expected $1.41 a share on revenue of $1.16 billion. The company expects billings of $1.7 billion to $1.72 billion, while analysts had predicted $1.62 billion.
For the full fiscal year, the company raised its outlook on revenue to $4.2 billion to $4.21 billion and diluted non-GAAP net income per share of $5.97 to $5.99. Analysts expect $5.86 a share on revenue of $4.18 billion. The company also projects billings of $5.28 billion to $5.30 billion, while analysts forecast $5.16 billion.
PANW saw its Momentum Indicator move above the 0 level on February 06, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 78 similar instances where the indicator turned positive. In of the 78 cases, the stock moved higher in the following days. The odds of a move higher are at .
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where PANW's RSI Indicator exited the oversold zone, of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 48 cases where PANW's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for PANW just turned positive on January 21, 2025. Looking at past instances where PANW's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .
PANW moved above its 50-day moving average on February 07, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for PANW crossed bullishly above the 50-day moving average on February 10, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PANW advanced for three days, in of 363 cases, the price rose further within the following month. The odds of a continued upward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PANW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
PANW broke above its upper Bollinger Band on February 07, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for PANW entered a downward trend on January 23, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PANW’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (20.704) is normal, around the industry mean (30.918). P/E Ratio (43.226) is within average values for comparable stocks, (160.322). Projected Growth (PEG Ratio) (1.117) is also within normal values, averaging (2.763). Dividend Yield (0.000) settles around the average of (0.086) among similar stocks. P/S Ratio (13.038) is also within normal values, averaging (58.194).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of network security solutions
Industry PackagedSoftware